Smart Global Holdings Price on September 11, 2024

SGHDelisted Stock  USD 20.41  0.36  1.80%   
If you're considering investing in Smart Stock, it is important to understand the factors that can impact its price. As of today, the current price of Smart Global stands at 20.41, as last reported on the 2nd of January, with the highest price reaching 21.62 and the lowest price hitting 20.05 during the day. Smart Global Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0649, which indicates the firm had a -0.0649% return per unit of risk over the last 3 months. Smart Global Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smart Global's Risk Adjusted Performance of (0.12), coefficient of variation of (626.43), and Variance of 9.81 to confirm the risk estimate we provide.
  
Smart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0649

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSGH

Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Smart Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Smart Global by adding Smart Global to a well-diversified portfolio.

Smart Global Main Headline on 11th of September 2024

Forge Global Holdings, Inc. , a leading private market platform, has identified the Private Magnificent 7, whi

Smart Global Valuation on September 11, 2024

It is possible to determine the worth of Smart Global on a given historical date. On September 11, 2024 Smart was worth 18.35 at the beginning of the trading date compared to the closed value of 19.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smart Global stock. Still, in general, we apply an absolute valuation method to find Smart Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Smart Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smart Global's related companies.
 Open High Low Close Volume
  18.21    18.39    17.97    18.31    719,716  
09/11/2024
  18.35    19.11    17.97    19.09    699,855  
  19.11    19.24    18.83    18.84    410,094  
Backtest Smart Global  |  Smart Global History  |  Smart Global Valuation   PreviousNext  
Open Value
18.35
19.09
Closing Value
22.68
Upside

Smart Global Trading Date Momentum on September 11, 2024

On September 12 2024 Smart Global Holdings was traded for  18.84  at the closing time. Highest Smart Global's price during the trading hours was 19.24  and the lowest price during the day was  18.83 . The net volume was 410.1 K. The overall trading history on the 12th of September 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.31% . The trading price change to current price is 3.61% .

Smart Global Holdings Fundamentals Correlations and Trends

By evaluating Smart Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Smart Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smart financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Smart Global Stock history

Smart Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Smart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smart Global Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Smart Global stock prices may prove useful in developing a viable investing in Smart Global
SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets in the United States, Brazil, China, Europe, and internationally. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Milpitas, California. Smart Global operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 3600 people.

Smart Global Stock Technical Analysis

Smart Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Smart Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Smart Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Smart Global Period Price Range

Low
January 2, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Smart Global Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Smart Global January 2, 2025 Market Strength

Market strength indicators help investors to evaluate how Smart Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smart Global shares will generate the highest return on investment. By undertsting and applying Smart Global stock market strength indicators, traders can identify Smart Global Holdings entry and exit signals to maximize returns

Smart Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Smart Global's price direction in advance. Along with the technical and fundamental analysis of Smart Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smart to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Other Consideration for investing in Smart Stock

If you are still planning to invest in Smart Global Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Smart Global's history and understand the potential risks before investing.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities